{"id":544598,"date":"2022-03-13T03:49:27","date_gmt":"2022-03-13T03:49:27","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/"},"modified":"2022-03-13T03:49:27","modified_gmt":"2022-03-13T03:49:27","slug":"govt-imposes-ban-on-some-food-exports-to-conserve-local-supply","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","title":{"rendered":"Gov\u2019t imposes ban on some food exports to conserve local supply"},"content":{"rendered":"

<\/a> The Trade Ministry has banned the export of staple food commodities for three <\/strong>months<\/strong> as it looks to shore up supplies amid turmoil in the global food market caused by the conflict in Ukraine. Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta, and fava beans, the ministry announced in two separate decisions on Thursday<\/a> and Saturday<\/a>.<\/p>\n

The decision comes amid spiraling global food price inflation and a global wheat supply crunch: <\/strong>Russia\u2019s invasion of Ukraine is upending global food supplies<\/a> and sending commodity prices soaring. The two countries provide around a third of the world\u2019s wheat, and the conflict has sent global wheat prices surging<\/a> by 48% over the past two week. In Egypt, the price of unsubsidized bread had already increased by up to 50%<\/a> as of the start of last week. Egypt imports c. 80% of its wheat from Ukraine and Russia.<\/p>\n

Securing our reserves is a gov\u2019t priority: <\/strong>The Madbouly government is ready to spend an extra EGP 15 bn<\/a> to cover wheat imports after promises that the government will try to absorb the costs \u201cas much as possible\u201d and relieve the inflationary impact on the public.<\/p>\n

It\u2019s not just wheat that\u2019s a problem: <\/strong>The price of poultry feed \u2014 which is largely made of corn \u2014 has risen by more than 15% since the war began, head of the Poultry Division at the Federation of Egyptian Chambers of Commerce Abdel Aziz El Sayed told Ahram Online<\/a>. Sayed said that there is \u201cno reason why\u201d domestic corn prices should have risen, since Egypt has a seven-month reserve on hand and shipments yet to arrive were locked in at prior prices. Egypt imports around 75% of its corn, with 30% of imports coming from Ukraine. The government is working to secure at least 3-6 months of reserves in all basic commodities, Prime Minister Moustafa Madbouly said<\/a> last week.<\/p>\n

What would the long-term consequences for Africa be if Ukrainian wheat supp<\/strong>ly dried up altogether?<\/strong> Researchers at Germany\u2019s Kiel Institute for the World Economy entertained that less-than-fun hypothetical in a recent report<\/a> that finds that Egypt\u2019s wheat imports would permanently decrease by over 17% and raise prices up by more than 3%.<\/p>\n

That\u2019s effectively where we are now after Ukraine last week <\/strong>banned the export of wheat<\/a><\/strong> and other food staples<\/strong> to try and prevent a humanitarian crisis in the country.<\/p>\n

Some respite: Oil posted its first weekly loss since Russia launched its invasion of <\/strong>Ukraine<\/strong>, with Brent crude falling 4.6% to settle above USD 112 a barrel, after briefly trading at almost USD 140 in a volatile rally earlier in the week, Bloomberg<\/a> reports.<\/p>\n

Is the wheat panic bubble bursting? <\/strong>Chicago wheat closed down 8.4% for the week on Friday after peaking at all time highs earlier in the week, Bloomberg<\/a> reports. The drop came as traders wait and see if fresh demand for US exports will materialize on the back of the loss of Russian and Ukrainian supply.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Trade Ministry has banned the export of staple food commodities for three months as it looks to shore up supplies amid turmoil in the global food market caused by the conflict in Ukraine. Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta, and fava beans, the ministry […]<\/p>\n","protected":false},"author":1,"featured_media":544599,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[317,72,564,182,270,1341,304,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-544598","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-commodities","tag-enterpriseam","tag-food","tag-inflation","tag-russia","tag-russia-ukraine-conflict","tag-ukraine","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"b0de30ab-61c5-41f0-a91f-f7ffd44cecd4","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2022\/3\/140.jpg","photo_position":"above","related_issue":[544594],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t imposes ban on some food exports to conserve local supply - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t imposes ban on some food exports to conserve local supply\" \/>\n<meta property=\"og:description\" content=\"The Trade Ministry has banned the export of staple food commodities for three months as it looks to shore up supplies amid turmoil in the global food market caused by the conflict in Ukraine. Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta, and fava beans, the ministry […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-13T03:49:27+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t imposes ban on some food exports to conserve local supply\",\"datePublished\":\"2022-03-13T03:49:27+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\"},\"wordCount\":504,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1\",\"keywords\":[\"commodities\",\"EnterpriseAM\",\"food\",\"inflation\",\"Russia\",\"Russia-Ukraine conflict\",\"Ukraine\",\"wheat\"],\"articleSection\":[\"Commodities\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\",\"name\":\"Gov\u2019t imposes ban on some food exports to conserve local supply - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2022-03-13T03:49:27+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gov\u2019t imposes ban on some food exports to conserve local supply\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Gov\u2019t imposes ban on some food exports to conserve local supply - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","og_locale":"en_US","og_type":"article","og_title":"Gov\u2019t imposes ban on some food exports to conserve local supply","og_description":"The Trade Ministry has banned the export of staple food commodities for three months as it looks to shore up supplies amid turmoil in the global food market caused by the conflict in Ukraine. Wheat, flour, oils and corn are all included in the export ban, along with lentils, pasta, and fava beans, the ministry […]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-03-13T03:49:27+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Gov\u2019t imposes ban on some food exports to conserve local supply","datePublished":"2022-03-13T03:49:27+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/"},"wordCount":504,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1","keywords":["commodities","EnterpriseAM","food","inflation","Russia","Russia-Ukraine conflict","Ukraine","wheat"],"articleSection":["Commodities"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/","name":"Gov\u2019t imposes ban on some food exports to conserve local supply - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1","datePublished":"2022-03-13T03:49:27+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/13\/govt-imposes-ban-on-some-food-exports-to-conserve-local-supply\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Gov\u2019t imposes ban on some food exports to conserve local supply"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/140.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":545517,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/03\/russia-upped-wheat-imports-in-march-while-ukrainian-shipments-remain-blocked\/","url_meta":{"origin":544598,"position":0},"title":"Russia upped wheat imports in March, while Ukrainian shipments remain blocked","author":"enterpriseam admin","date":"3 April 2022","format":false,"excerpt":"Russia boosted wheat exports by 60% in March despite disruption caused by its war in Ukraine, Bloomberg writes, citing consultant ProZerno. The country exported some 1.7 mn tons of wheat in March, with shipments running at a \u201crapid\u201d rate in the second half of the month after an initial slowdown\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546380,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/15\/india-bans-wheat-exports-to-all-except-vulnerable-countries\/","url_meta":{"origin":544598,"position":1},"title":"India bans wheat exports to all except \u201cvulnerable countries\u201d","author":"enterpriseam admin","date":"15 May 2022","format":false,"excerpt":"India has joined the growing wave of food protectionism and banned wheat exports amid surging local prices and a severe heatwave that is threatening to hit production. The government announced (pdf) on Friday that it is prohibiting the export of wheat to \u201cmanage the overall food security of the country\u201d\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/176.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544657,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/15\/govt-to-up-local-wheat-prices-and-cut-fertilizer-costs-and-appears-to-be-considering-price-caps-for-unsubsidized-bread\/","url_meta":{"origin":544598,"position":2},"title":"Gov\u2019t to up local wheat prices and cut fertilizer costs \u2014 and appears to be considering price caps for unsubsidized bread","author":"enterpriseam admin","date":"15 March 2022","format":false,"excerpt":"A raft of new wheat-related measures announced by the Madbouly government yesterday aim to bolster the country\u2019s food security in the wake of the Russia-Ukraine war.The Supply Ministry has once again hiked local wheat purchase targets: The government is now aiming to buy more than 6 mn tonnes of domestic\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/182.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549404,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/15\/egypt-lifts-ban-on-exports-of-food-staples\/","url_meta":{"origin":544598,"position":3},"title":"Egypt lifts ban on exports of food staples","author":"enterpriseam admin","date":"15 September 2022","format":false,"excerpt":"Exports of food staples are back on the menu: The Madbouly government has lifted a ban on the export of food staples that it had introduced earlier this year in response to the global food crisis triggered by the war in Ukraine, Reuters reports, citing a Trade Ministry document. Producers\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/9\/238.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":542937,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/01\/25\/were-spending-a-whole-lot-more-on-wheat-and-events-in-ukraine-could-bump-up-spending-even-more\/","url_meta":{"origin":544598,"position":4},"title":"We\u2019re spending a whole lot more on wheat \u2014 and events in Ukraine could bump up spending even more","author":"enterpriseam admin","date":"25 January 2022","format":false,"excerpt":"Spiraling wheat prices land us with an EGP 12 bn check: The rise in global wheat prices will cost us an additional EGP 12 bn this fiscal year, Finance Minister Mohamed Maait yesterday told Bloomberg Asharq. State grain buyer GASC had been allocated some EGP 87 bn in this fiscal\u2026","rel":"","context":"In "FOOD SECURITY"","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":590566,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/07\/24\/uae-could-help-finance-wheat-purchases-says-supply-ministry\/","url_meta":{"origin":544598,"position":5},"title":"UAE could help finance wheat purchases, says Supply Ministry","author":"enterpriseam admin","date":"24 July 2023","format":false,"excerpt":"Egypt wants to continue to purchase Ukrainian wheat despite Russian blockade, says supply minister","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/7\/835.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544598","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=544598"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/544598\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/544594"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/544599"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=544598"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=544598"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=544598"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=544598"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=544598"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}